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5501 Purple Sage DR Austin, TX 78724

$455,000
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5501 Purple Sage DR Austin, TX 78724
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TX > Austin > Las Cimas Sec 01
Austin, TX 78724,5501 Purple Sage DR
$455,000
Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2,067 SqFt
SOLD DATE : 12/12/2025

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,067 sqft

Price per Sqft $212

Subdivision Las Cimas Sec 01

MLS Listing ID 6889885

Year Built 1974

Tax Year 2025

Lot Size 9,352 Sqft

Property Sub-Type Duplex

Property Description

Calling all investors and house hackers! This beautifully renovated duplex offers the perfect opportunity to generate income or reduce your living costs. Each side is fully furnished and thoughtfully updated-featuring a 3 bed / 2 bath unit and a 2 bed / 2 bath unit, both currently operating as successful short-term rentals. The incoming owner could easily continue renting both sides or live in one and lease the other for steady monthly income.

Enjoy modern finishes and recent upgrades throughout-all the heavy lifting has been done for you. Both units have been well maintained and are ready for immediate occupancy or continued Airbnb use. This is a truly turnkey investment, offering flexibility whether you're a seasoned investor or a first-time buyer looking to start building equity the smart way.

The property grossed $43,322 in 2024, with additional income potential through more efficient management or same-day turnovers. Seller was running at 90% occupancy when he was local. All furnishings can convey, making this a seamless transition for the next owner.

Located in the established La Cima neighborhood, 5501 Purple Sage Drive sits directly across from LBJ High School's football and baseball fields, providing open views and privacy with no homes directly opposite. Nestled in a prime — yet still affordable — pocket east of University Hills, you'll love the quick access to Highway 183 and HWY 290, just 20 minutes from Downtown Austin, with convenient routes to the airport and all parts of the city. Plus, the neighborhood backs up to the Walnut Creek Greenbelt and Hike & Bike Trail, offering endless opportunities to enjoy the outdoors.

Don't miss this chance to own a stylish, income-producing duplex in a rapidly appreciating area — schedule your showing today!

Location

State TX

County Travis

Area 3E

Interior

Heating Central, Fireplace(s)

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Tile, Vinyl

Fireplaces Number 2

Fireplaces Type Family Room

Exterior

Exterior Feature None

Garage Spaces 2.0

Fence Back Yard, Wood

Community Features None

Utilities Available Cable Available, Electricity Connected, High Speed Internet, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Waterfront Description None

View Neighborhood

Roof Type Composition,Shingle

Building

Lot Description Back Yard, Few Trees, Front Yard, Interior Lot, Trees-Moderate

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Wood Siding,Stone

New Construction No

Schools

Elementary Schools Jordan

Middle Schools Dobie (Austin Isd)

High Schools Lyndon B Johnson (Austin Isd)

School District Austin Isd

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

Pets Allowed All

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Balak Mariappan

Balak Mariappan

reachbalakm@gmail.com +1(503) 880-5881

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Spyglass Realty • Michelle Harris
Bought with eXp Realty, LLC

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Balak Mariappan

Balak Mariappan

+1(503) 880-5881

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IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

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